Tax developments (April 2026)

KPMG's monthly tax developments alert aims to provide tax updates for your organization in a timely manner.

In this edition, we are pleased to highlight some of the notable tax updates and developments since the last update:

• Accelerated capital allowance for the implementation of e-Invoice

• Practice Note No. 2/2026 – Explanation of tax treatment for unit holders of Real Estate Investment Trust or Property Trust Fund for the Year of Assessment 2026 and subsequent Years of Assessment

• Income Tax (Labuan Company) Exemption Order 2026

• Income Tax (Tour Operator Company) (Exemption) Order 2026

• Updated filing program for mandatory submission of required information and documents through the Malaysian Income Tax Reporting System for Year of Assessment 2026

• Sales Tax and Service Tax guides

• Indirect tax legislation updates 

The relevant tax changes can be accessed via the above link.